Cargolite packaging concept is quickly gaining popularity in Kenya with the benefits like no crushed boxes, no damaged flowers, an increased pack rate, improved stack ability and lower transport costs. These are just some of the pros of the concept that and soon, it will also be available to growers in Ethiopia.
Posted on : Wednesday , 27th March 2019
EDP(Energias de Portugal) are one of Europe’s biggest energy operators. Through the A2E (Access to Energy) CSR Fund, EDP will support six sustainable and clean energy projects in East Africa in Kenya, Tanzania, Mozambique and Malawi.
Posted on : Wednesday , 3rd April 2019
Uncertainty over US waivers for investors of oil from Iran is commencing to grip the market again, under very different circumstances than when American sanctions were set to go into effect in 2018.
Before existing exemptions were granted, traders in Saudi Arabia were forecasting $100 oil, and Donald Trump was looking forward to a decrease in fuel rates ahead of US midterm elections. The waivers blindsided the market, which had assumed America would bring Iran.... Read more »
Posted on : Tuesday , 26th March 2019
French President Emmanuel Macron, who traveled to Kenya with a business delegation, saw the signing of more than EUR 2 billion ($ 2.26 billion) in infrastructure contracts.
Posted on : Friday , 5th April 2019
The construction sector in Rwanda is experiencing a huge boost due to the population growth rate of 2.7% annually. The growing demand in the construction and real estate sectors is being experienced by Rwanda on a massive scale.
Every year 28 thousand and 35 thousand housing and commercial units are in demand within Kigali; struggling to meet this need are the developers.
"Taking a significant chunk of the GDP the construction sector has really boomed in various.... Read more »
Posted on : Wednesday , 10th April 2019
The mining sector has emerged to be the highest foreign export earner of merchandise exports in Rwanda, since it commenced in the early 1930s. According to the statistic report of 2018 the export of Cassiterite amounted to $149 million, a huge potential of gold mining and export as well as wolfram and Colombo tanlite (Colton) has emerged recently. Rwanda has largely been underlained by the Kibaran Orogeny rock system. Consisting of basement and mezoproterzoic rocks that .... Read more »
Posted on : Monday , 25th March 2019
Tullow, a British oil exploration company has commenced an exploration in Kenya for small scaled crude petroleum exports. The first shipment is expected in the next three months.
Unnamed potential investors of the Turkana commodity has shown interest in the stocks.The initial market reactions have proven to be positive.
About 600 barrels are being transported per day by road to Mombasa, with volumes expected to increses to 2,000 oil barr.... Read more »
Posted on : Monday , 25th March 2019
By 2022, the East African Community (EAC) will have a combined generation of 7,480 MW of electricity. This is set to be accomplished through a $ 2.5 billion funding from the African Development Bank (AfDB) for infrastructure projects in the region. According to multiple sources, the combined total installed power capacity in East Africa currently exceeds 5,000 megawatts.... Read more » Posted on : Wednesday , 3rd April 2019
Developers who are keen on Roads, housing and civil work projects 2018 was projected to be an exciting year, moving Kenya closer to vision 2030, the government identifies affordable housing among the key golden pillars for the next five years and food security manufacturing and universal health care are some others.
Did you know that civil works as well as roads are paramount for each of the four pillars? The delivery of about 500,000 housing units will be achieved through g.... Read more »
Posted on : Saturday , 23rd March 2019
As Nissan targets major towns across the country to boost its market in Kenya, Nissan is expanding its dealership footprint locally in sharing market space dominated by players like Toyota Kenya and Isuzu East Africa. Nissan Chairman Mr. Jim Dando, the company is exposed to more customers and when there is a bigger presence in the market it will help grow the market share as well. With full sales, spares and service dealership in Nairobi, Mombasa and Nakuru and one under constructio.... Read more »
Posted on : Friday , 22nd March 2019
Kenya is all set to become a topmost vehicle manufacturing giant, if the high potential undertaken by President Uhuru Kenyatta’s administration to energies the automotive industry results into action. Global car maker Nissan has announced investment plans of Sh2 billion in a local assembly line, a move that will make Kenya only the 21st country where the company manufactures its vehicles.
Posted on : Friday , 22nd March 2019
The FDI promotion and Technology Transfer Affairs Directorate General of the MoFA took part in the U.S.-Africa Trade and Investment Forum organised by the Corporate Council on Africa (CCA) and the U.S. Mission to the African Union in Addis Ababa On February 12, 2019.
Posted on : Friday , 22nd March 2019
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